Research
Publication
Beliefs and the Net Worth Trap (with Goutham Gopalakrishna and Theofanis Papamichalis)
The Spatial Transmission of U.S. Banking Panics: Evidence from 1870-1929 (with Marc Dordal i Carreras)
Research Papers
Higher-Order Forward Guidance (with Marc Dordal i Carreras)
Firm Wage Setting and On-the-Job Search Limit Wage-Price Spirals (with Justin Bloesch and Jake Weber)
- Draft, Slides, SSRN
- An AD-AS Framework with Quits and Wage Inflation: for Policymakers
- An Analytic Two-Period Model: analytic proofs and derivations
- Revise and Resubmit at American Economic Journal: Macroeconomics
Yield-Curve Control Policy under Inelastic Financial Markets (with Marc Dordal i Carreras)
Endogenous Firm Entry and the Monetary Policy ‘Room’ (with Marc Dordal i Carreras and Zhenghua Qi)
Managerial Incentives, Financial Innovation, and Risk-Management Policies (with Son Ku Kim and Sheridan Titman)
Self-fulfilling Volatility and a New Monetary Policy (Job Market Paper) (with Marc Dordal i Carreras) - substantially revised
A Proxy-Contract Based Approach to the First-Order Approach in Agency Models (with Jin Yong Jung and Son Ku Kim)
Ignorance is Bliss: Ex-Ante vs. Ex-Post Information Systems in an Agency Model (with Jin Yong Jung and Son Ku Kim)
Work in Progress
War Procurement and the Korean Export Miracle (with Philipp Barteska, Oliver Kim, and Nathan Lane)
Sentiments and Intermediary Asset Pricing (with Goutham Gopalakrishna and Yulong Peng)
Re-estimating r-star with rp-star (with Marc Dordal i Carreras and Runhuan Wang)
Risky Growth with Short-Term Debt (with Artur Doshchyn)